U.S. energy investment: $450 million for Puerto Rico

The U.S. Department of Energy announces a $450 million investment to promote the installation of solar systems in Puerto Rico and strengthen the region's energy resilience. This initiative aims to provide increased access to clean, sustainable energy while supporting the island's most vulnerable households.

Partagez:

Today, the DOE is investing $450 million via the PR-ERF to promote residential solar panel and storage installations in Puerto Rico. The aim is to support the most vulnerable residents.

U.S. energy investment for Puerto Rican energy resilience and transition

This financial allocation will enable consumer protection and education initiatives to support the use of solar systems by local residents. In addition, a Solar Ambassador Award will be given to community groups to identify and contact eligible households. These actions will contribute to the goal of reducing energy costs through a resilient grid powered 100% by renewable energy, in line with the aspirations of Puerto Rico and President Biden.

“A future powered by renewable energy will offer Puerto Rico’s residents greater energy security and reliability, while allowing them to pay cheaper bills,” said Jennifer M. Granholm, U.S. Secretary of Energy.

“The Department of Energy is using every means at its disposal to expand access to clean energy, especially for the most vulnerable communities, giving families peace of mind knowing that their communities are resilient in the face of the climate crisis,” said The Puerto Rico Energy Resilience Fund (PR-ERF).

US energy investment: 450 million for solar energy in Puerto Rico

Today’s announcement is designed to encourage the installation of 30,000 to 40,000 solar systems for low-income households. This concerns very low-income areas with frequent power cuts and families with energy-dependent members. Funding totals $453.8 million and is available via PR-ERF.

Potential candidates include private companies, NGOs, energy cooperatives, educational institutions, local and state governments. Funding supports education on solar systems, including training and support for consumer protection.

DOE will announce the second phase of funding for PR-ERF at a later date. Candidates must submit their applications by September 18, 2023 at 5:00 pm.

Solar financing opportunities in Puerto Rico: FOA and Solar Ambassador Awards announced by DOE

Visit the Network Deployment Office website for more information on FOA and how to apply. DOE announces Solar Ambassador Award for organizations in Puerto Rico, supporting households to install residential solar systems.

The DOE will grant $3.5 million to 20 community organizations to raise awareness of residential solar installations among vulnerable households.

Solar Ambassadors will receive $15,000 in initial funding and remuneration on DOE-verified profits.

Organizations interested in becoming Solar Ambassadors must submit their applications by 5:00 pm on September 25, 2023. DOE and the National Renewable Energy Laboratory will host a bilingual public information webinar on the Solar Ambassador Award. The event will take place on August 17, 2023 at 11:00 a.m. Registration is required.

India’s unprecedented drop in power demand led to a sharp decline in coal-based generation in May, while renewable energy output reached a record high.
Greenpeace data shows a renewed wave of coal projects in early 2025, as renewable capacity surpasses thermal energy for the first time.
Financial giant BlackRock highlights economic and strategic risks linked to an antitrust procedure backed by Washington, targeting major asset managers accused of conspiring to reduce coal production in the United States.
Adani Power will supply 1,500 MW to Uttar Pradesh through an ultra-supercritical coal power plant built under the DBFOO model, at a tariff of Rs 5.383 per unit.
A satellite analysis led by Ember and Kayrros shows that methane emissions from Australian mines are 40% higher than official reports, revealing significant gaps in the current coal sector monitoring.
Donald Trump issues several executive orders aimed at reducing regulations on the U.S. coal industry, addressing economic expectations from coal-producing states while securing national energy supply.
Backed by Chinese funding, Zambia and Zimbabwe are reviving coal projects in contrast to international energy sector trends.
New coal-fired electricity capacity added in 2024 dropped to 44 GW, driven mainly by China and India, according to a report released on Thursday.
Finnish energy company Helen has halted operations at the Salmisaari plant, the country’s last coal facility, halving its carbon dioxide emissions in one year.
An independent study suggests that the Hail Creek mine may emit up to eight times more methane than reported in Glencore's official disclosures.
Eskom has connected Unit 6 of the Kusile coal-fired power station, adding 800 MW to the national grid amid efforts to stabilise electricity supply in South Africa.
The Indian government presents a project to create a coal exchange for the domestic market, a measure aimed at improving transparency and regulating the local coal market.
The United States has announced its withdrawal from the Just Energy Transition Partnership with South Africa, thereby reducing the country’s international financial commitments in its gradual exit from coal.
Indonesia sets a floor price for coal to strengthen its control over domestic prices and influence international markets. This new strategy will take effect on March 1, 2025.
Indonesia continues to strengthen its dependence on coal, jeopardizing its greenhouse gas emission reduction commitments. This paradox is highlighted in a recent report, emphasizing the tension between environmental goals and economic realities.
Australian mining giant BHP saw its net profit multiply fivefold, reaching $4.4 billion, despite an 8% drop in revenue. Sustained demand and signs of recovery in China strengthen its outlook.
In 2024, China began building new coal power plants, a decision that threatens its goal of reaching peak carbon emissions by 2030, according to a report published by the Centre for Research on Energy and Clean Air (Crea) and Global Energy Monitor (GEM).
By the end of 2024, coal's share in Australia's electricity generation dropped below 50%, a historic first, thanks to the surge in solar energy production.
In the midst of prolonged tensions with Russia, Ukraine offers to provide free coal to Transnistria, a pro-Russian region of Moldova, to alleviate an energy crisis worsened by the cutoff of Russian gas supplies.
The Pokrovsk mine, Ukraine's sole coke producer, closes under Russian military pressure. This decision threatens the steel industry, the economy, and Ukraine's strategic logistics.